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Brent: Expect a near-term rebound – Goldman Sachs

In its latest client note, the Goldman Sachs analysts offer their near-term outlook on Brent oil, given the recent declines.

Key Quotes:

“The fall in Brent has taken prices too low. 

Expect a near-term Brent rebound.

Growing supply risks, improving demand to tighten supply.”

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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